A retailer purchases appliances for $10 and desires a 40 percent markup at retail. What should the
Question:
A retailer purchases appliances for $10 and desires a 40 percent markup at retail. What should the retail price be?
a. $11.70
b. $13.00
c. $14.28
d. $16.67
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Related Book For
Retail Management A Strategic Approach
ISBN: 9780133796841
13th Edition
Authors: Barry Berman, Joel Evans, Patrali Chatterjee
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